TRUMP’S POLICIES ARE KILLING GROWTH 1/3

14 Apr

TRUMP’S POLICIES ARE KILLING GROWTH 1/3

The U.S. economy, while posting a 2.4% annualized increase in Q4 2024 GDP, has since shown signs of a significant slowdown. This decline is reflected in the Citi Economic Surprise Indicator, which has been signaling a series of disappointments since mid-November. High-frequency data from the Atlanta and Philadelphia Feds also point to a clear reversal in economic activity, with growth forecasts for Q1 2025 being sharply downgraded.

Key Points

  • U.S. economy slows down since Trump
  • Growth halted in the first half of 2025
  • Leading indicators point to a slowdown
  • DOGE’s action affects jobs and confidence
  • The Federal Reserve faces a difficult dilemma
  • Tariffs at 15%: +1.5% impact on inflation
  • Fixed income markets benefit from recession risks
  • The context is no longer very favorable for the US dollar
  • Equity markets under Trump’s negative influence